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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (512931)9/15/2009 12:42:37 AM
From: TopCat1 Recommendation  Respond to of 1575246
 
"Why did the Bush Depression follow the Bush tax cuts?"

You mean the recession following the growth following the tax cuts? The only depression is in that space between your ears.

taxesandgrowth.ncpa.org



To: bentway who wrote (512931)9/15/2009 12:49:12 AM
From: i-node  Read Replies (2) | Respond to of 1575246
 

Why did the Bush Depression follow the Bush tax cuts?


There was no "Bush Depression" and never would have been. In fact, there is no indication that any depression might have occurred at all. We had a cash flow problem due to a collapse in the housing market which resulted from bad policy emanating from the liberals in Congress.

But after the major tax cuts under Bush, TAX COLLECTIONS SURGED. Economic productivity SURGED. And frankly, the deficit almost closed to a surplus under Bush (and CLEARLY WOULD HAVE had it not been for the 9/11 attacks and the housing crisis caused by liberals requiring loans to be made to people who couldn't afford them).



You may want to notice the GREEN column on the Right. THAT's why people are taking to the streets.

You freaking idiot.



To: bentway who wrote (512931)9/15/2009 8:13:56 AM
From: steve harris1 Recommendation  Read Replies (1) | Respond to of 1575246
 
You mean the Pelosi/Reid recession after gaining power in 2006?

Check your time line.